company background image
493

GOME Retail HoldingsSEHK:493 Stock Report

Market Cap

HK$27.5b

7D

2.4%

1Y

-17.5%

Updated

24 Oct, 2021

Data

Company Financials +
493 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

493 Overview

GOME Retail Holdings Limited, together with its subsidiaries, engages in the retail of electrical appliances, consumer electronic products, and general merchandise in the People’s Republic of China.

GOME Retail Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for GOME Retail Holdings
Historical stock prices
Current Share PriceHK$0.85
52 Week HighHK$0.66
52 Week LowHK$2.55
Beta0.95
1 Month Change18.06%
3 Month Change-3.41%
1 Year Change-17.48%
3 Year Change10.39%
5 Year Change-14.14%
Change since IPO-30.61%

Recent News & Updates

Sep 10
Why GOME Retail Holdings Limited (HKG:493) Could Be Worth Watching

Why GOME Retail Holdings Limited (HKG:493) Could Be Worth Watching

While GOME Retail Holdings Limited ( HKG:493 ) might not be the most widely known stock at the moment, it saw a decent...

Jul 09
Estimating The Fair Value Of GOME Retail Holdings Limited (HKG:493)

Estimating The Fair Value Of GOME Retail Holdings Limited (HKG:493)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of GOME Retail Holdings...

May 16
Is There Now An Opportunity In GOME Retail Holdings Limited (HKG:493)?

Is There Now An Opportunity In GOME Retail Holdings Limited (HKG:493)?

GOME Retail Holdings Limited ( HKG:493 ), is not the largest company out there, but it saw significant share price...

Shareholder Returns

493HK Specialty RetailHK Market
7D2.4%-2.4%2.2%
1Y-17.5%23.7%6.0%

Return vs Industry: 493 underperformed the Hong Kong Specialty Retail industry which returned 23.7% over the past year.

Return vs Market: 493 underperformed the Hong Kong Market which returned 6% over the past year.

Price Volatility

Is 493's price volatile compared to industry and market?
493 volatility
493 Beta0.95
Industry Beta0.89
Market Beta1

Stable Share Price: 493 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 493's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198735,032Jun Zhou Wanghttps://www.gome.com.hk

GOME Retail Holdings Limited, together with its subsidiaries, engages in the retail of electrical appliances, consumer electronic products, and general merchandise in the People’s Republic of China. The company also sells its products online through self-operated and platform models. In addition, it is involved in the provision of logistics and procurement, storage and delivery, IT development, and business management services; retailing of mobile phones and accessories; and property holding activities.

GOME Retail Holdings Fundamentals Summary

How do GOME Retail Holdings's earnings and revenue compare to its market cap?
493 fundamental statistics
Market CapCN¥22.58b
Earnings (TTM)-CN¥6.35b
Revenue (TTM)CN¥51.08b

0.4x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
493 income statement (TTM)
RevenueCN¥51.08b
Cost of RevenueCN¥45.11b
Gross ProfitCN¥5.97b
ExpensesCN¥12.31b
Earnings-CN¥6.35b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.20
Gross Margin11.69%
Net Profit Margin-12.42%
Debt/Equity Ratio981.8%

How did 493 perform over the long term?

See historical performance and comparison

Valuation

Is GOME Retail Holdings undervalued compared to its fair value and its price relative to the market?

3.37x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 493 (HK$0.85) is trading above our estimate of fair value (HK$0.56)

Significantly Below Fair Value: 493 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 493 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Specialty Retail industry average.

PE vs Market: 493 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 493's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 493 is overvalued based on its PB Ratio (3.4x) compared to the HK Specialty Retail industry average (1.1x).


Future Growth

How is GOME Retail Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

57.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 493 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 493 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 493 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 493's revenue (10.5% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).

High Growth Revenue: 493's revenue (10.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 493 is forecast to be unprofitable in 3 years.


Past Performance

How has GOME Retail Holdings performed over the past 5 years?

-56.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 493 is currently unprofitable.

Growing Profit Margin: 493 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 493 is unprofitable, and losses have increased over the past 5 years at a rate of 56% per year.

Accelerating Growth: Unable to compare 493's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 493 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (54.7%).


Return on Equity

High ROE: 493 has a negative Return on Equity (-219.95%), as it is currently unprofitable.


Financial Health

How is GOME Retail Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 493's short term assets (CN¥33.8B) do not cover its short term liabilities (CN¥50.2B).

Long Term Liabilities: 493's short term assets (CN¥33.8B) exceed its long term liabilities (CN¥14.2B).


Debt to Equity History and Analysis

Debt Level: 493's debt to equity ratio (981.8%) is considered high.

Reducing Debt: 493's debt to equity ratio has increased from 29.9% to 981.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 493 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 493 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is GOME Retail Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 493's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 493's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 493's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 493's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 493 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 493's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.1yrs

Average management tenure


CEO

Jun Zhou Wang (59 yo)

no data

Tenure

CN¥6,423,000

Compensation

Mr. Junzhou Wang has been the Chief executive and President of GOME Retail Holdings Limited (formerly known as GOME Electrical Appliances Holding Limited) and Gome Holdings Group Co., Ltd., since June 28,...


CEO Compensation Analysis

Compensation vs Market: Jun Zhou's total compensation ($USD1.01M) is above average for companies of similar size in the Hong Kong market ($USD685.86K).

Compensation vs Earnings: Jun Zhou's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 493's management team is seasoned and experienced (10.1 years average tenure).


Board Members

Experienced Board: 493's board of directors are considered experienced (8.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.3%.


Top Shareholders

Company Information

GOME Retail Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: GOME Retail Holdings Limited
  • Ticker: 493
  • Exchange: SEHK
  • Founded: 1987
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Market Cap: HK$27.486b
  • Shares outstanding: 32.34b
  • Website: https://www.gome.com.hk

Number of Employees


Location

  • GOME Retail Holdings Limited
  • Eagle Plaza
  • 19A/F, Block B
  • Beijing
  • 100016
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 10:06
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.